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Jpmorganchase

JP MORGAN Ahead of a Golden Cross. Strong bullish signal!JP Morgan Chase & Co. (JPM) has basically turned sideways since November 11 (despite the marginal November 25 Higher High) putting a pause to the enormous 1-month rally since the October 12 bottom. The big news on this chart is that the 1D MA50 (blue trend-line) is about to cross above the 1D MA200 (orange trend-line) to form the infamous pattern of the Golden Cross on the 1D time-frame. This is technically very bullish and in fact the last time we saw this formation was on November 13 2020, almost 2 years ago! As with today, the price was again just below the 0.5 Fibonacci retracement level, just a few days before the Golden Cross formation and after it was completed, started one of the strongest rallies in recent times, making a new All Time High on January 12 2021, essentially just 2 months after. Now obviously that was the era of 'cheap money', when the Fed printed trillions of USD in a very short period of time to support the economy during the COVID lockdowns. We can't expect the stock to rally as fast and as aggressively but still, as long as the Golden Cross is formed and the 1D MA50 supports, we can target one Fibonacci level at a time. Notice how similar the 2020 COVID recovery is with the 2022 (today) one. The 1W MA200 is in a symmetrical place, the 1D RSI was pulling back on the same fractal and the 1W MACD rebounded on the same level. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:JPMLong
by TradingShot
JPM | Ride the Wave Down | ShortJPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers s deposit, investment and lending products, payments, and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, auto loan, and leasing services. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; payments and cross-border financing; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small business, large and midsized companies, local governments, and nonprofit clients; and commercial real estate banking services to investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, trusts and estates, loans, mortgages, deposits, and investment management products. The company also provides ATM, online and mobile, and telephone banking services. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.
NYSE:JPMShort
by DivergenceSeeker
JPM - BULLISH SCENARIOJPMorgan Kicks Off Bank Earnings Season The bank will re-test the major resistance of the falling wedge. If a positive outcome occurs the next major resistance level is located at $132, or more than a 16 % possible return for the bulls. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:JPMLong
by legacyFXofficial
Equities give back gains - ProfZero not falling for bull trap 🐻INVESTMENT CONTEXT Equity markets took a breather on May 23, as operators reacted positively to U.S. President Biden commitment to review Trump-era tariffs imposed on China Accumulated gains are now being quickly given back, as futures on May 24 point to red territory for both S&P 500 and Nasdaq (dropping 1.21% and 1.88%, respectively). Snapchat (SNAP) in particular cratered 30% in the after-market on anticipated top- and bottom-line miss, dragging Pinterest (PINS) and Meta Companies (FB) 12% and 7%, respectively. Zoom (ZM) instead popped 16% over-the-counter on sales forecast beat An initial remark by President Biden that that U.S. military will intervene to defend Taiwan should the island be attacked was later walked away by White House officials International Monetary Fund (IMF) Kristalina Georgieva hinted at further cuts for this year's global economic growth PROFZERO'S TAKE The ongoing market jitters must be nerve-wrecking for the cohort of retail traders that entered the market during pandemic times. A sustained period of tech-fueled growth has quickly reversed, with Nasdaq plunging into bear market (year-to-date performance down 27%) and S&P 500 teetering on the brink of one (negative 17% since the peak in November 2021). Pandemic-era dears Pinterest (PINS), Snapchat (SNAP), Twitter (TWTR) are now down at least 50% from their peaks; blockchain assets trade even deeper in the red. Is this the end of Growth? To ProfZero, that amounts to as much as asking - are we really building the next decade on coal, legacy banking and neo-protectionism? Clocks tick on, not back Speaking of innovation, Samsung (ticker: 005930) is investing USD 356bn over the next 5 years in semiconductors, biopharmaceuticals and next-generation technologies to drive "long-term growth". Curiously enough, neither coal nor plastics appear on the plan IMF Managing Director Kristalina Georgieva's admission that a global recession is not in the cards, but shouldn't be ruled out altogether, resonates with JPMorgan's CEO Jamie Dimon seeing "big storm clouds" on the horizon, just but darkening a currently strong economy. ProfZero already underscored the resilience of Main Street in Q1; however, trading is all about the future, and ProfZero still fails to see a sufficiently credible deterrent to avert a recession. A ceasefire in Ukraine, and normalization in energy markets would be a fair start "Frailty, thy name is... BTC". ProfZero keeps it cool on blockchain - not paying the bears' lunch
CME:BTC1!
by ProfZero
GUESS WHAT ?! STILL UPTREND.... After a huge drop in the crypto market, we are prepared to slowly rise. All important BUY lvls are marked on the chart. These perfect lvls will help you to maximize your profits and make better decisions. I drew 2 possible scenarios based on my strategies, experience, and knowledge. Stay focused, and become rich. Peace. Buy LVLS - 29263 Risk calculator: 9/10 27510 R.C. - 8/10 24299 6,5/10 19490 PERFECT ENTRY IDENTIFIED 13150 VERY UNLIKELY TO BE HITTED
by VIPCRYPTOTRADING
JPMorgan Falls Thru Trap-Door Equivalent to Pre-COVID HighsNot much of an explanation needed here... financials have been struggling, and JPM right along with them. What's notable here is that price has fallen below the pre-COVID highs, which means that all recapture, plus growth obtained prior to COVID, has all be vanished for stockholders of the mega-bank. Written & Annotated for the CMT Association. Adam D. Koós, CFP®, CMT, CEPA President / Sr. Financial Advisor / Portfolio Manager Libertas Wealth Management Group, Inc.
NYSE:JPM
by CMT_Association
FACEBOOK PERFECT BUY ON ENTRY After a 40 percent drop, Facebook has a high propability that it will rise again and attack previous price levels. The monthly valley is important to us, which we still hold at 224.76 and this is our first buy target at the moment. I expect a strong rebound from the monthly valley and a gradual accumulation phase of the 12345 cycle. Buy ON: Risk 9/10 229.10 224.76 218.65 TARGETS: 250.32 287.98 303.55 Stoploss - DAILY close below 208.39 REMEMBER THAT THE REWARD FOR CATCHING A FALLING KNIFE IS ALWAYS AN ATTACK OF THE FIRST IMPORTANT VALLEY.
FLong
by VIPCRYPTOTRADING
2
JPMorgan Chase | Fundamental AnalysisDespite the high valuation and declining stock price following the release of its Q4 and full-year 2021 earnings report, analysts still believe that JPMorgan Chase is the best-performing banking asset of its kind. After all, America's largest bank by asset size generated more than $125 billion in earnings on a managed basis in 2021. Still, the bank may struggle to deliver the returns investors have grown accustomed to in recent years because of some near-term adversity. And here's why. One way to estimate JPMorgan's accomplishments on a quarterly and annual basis is the return on tangible total capital (ROTCE), which is a technical rate of return on equity after dismissing selected stock, charity, and intangible assets. It is definitely a strong number, taking into account the intricacy of the bank and the amount of regulatory capital it must have. In recent years, JPMorgan has mostly exceeded its target of 17%. In 2019, before the pandemic and when the federal funds rate was higher, which is apt to help banks, JPMorgan Chase reported 19% ROTCE. The bank reported 14% ROTCE in 2020 and then 23% in 2021. However, both ROTCEs in 2020 and 2021 were significantly influenced by reserve capital. In 2020, JPMorgan had to set aside a ton of funds to prepare for potential loan losses, which significantly reduced profits. In 2021, realizing that these loan losses would not be realized, JPMorgan put the reserve capital back into earnings, which increased ROTCE significantly. When the reserve capital was drawn out in 2020 and 2021, JPMorgan's earnings were 19% and 18% ROTCE, respectively. How did these numbers do so well with so little credit growth and low interest rates over the past two years? The bank's Corporate & Investment Banking (CIB) division had an outstanding year, first in capital markets and then in investment banking in 2021. But as earnings at CIB are expected to normalize this year and interest rates remain relatively low, all things considered, achieving the 17% goal becomes more challenging. No doubt much of the sell-off after JPMorgan's Jan. 14 report was due to the bank's guidance, which was somewhat muddled and seemed to suggest less fortunate outcomes this year and possibly next. One of the main metrics on which banks typically provide guidance is net interest income (NII), which is the money banks earn on loans and securities after covering the cost of funding those assets. When the Federal Reserve raises its benchmark overnight lending rate, the federal funds rate, banks tend to earn more NII because the yield on their assets, such as loans and securities, is revalued based on the federal funds rate higher than the rate on their liabilities, such as deposits. JPMorgan does expect NII to grow as a result of rising rates. In 2021, NII from loans and securities was about $44.5 billion. With expected rate increases this year, some growth in loans and securities placements, JPMorgan expects that to grow to about $50 billion in 2022. But JPMorgan also gets NII from the bank's CIB Markets division, mostly from the bank's fixed-income capital markets business, doing things like holding bonds and some customer lending and financing. This was very high in 2020 and 2021 at $8.4 billion and $8.2 billion, respectively, but is now expected to normalize as rising rates also drive up the cost of funding fixed-income assets. In 2019, when the economy was more normal, the NII of CIB markets was only about $3.1 billion. Thus, while JPMorgan is expected to benefit significantly from rising rates, NII may be offset to some extent by lower NII in CIB markets, although this NII is harder to predict. JPMorgan's spending forecast also took analysts by surprise. After spending just under $71 billion last year, management expects spending to reach about $77 billion this year, a slight increase. About $2.5 billion of that increase will go toward employee compensation and normalizing travel and entertainment expenses, and about $3.5 billion will go toward investments in the company, such as technology capabilities, expansion, and marketing. As analysts noted, such spending growth is likely to make it difficult for JPMorgan to get positive operating leverage this year and possibly next, when revenue growth outpaces expense growth. But CEO Jamie Dimon said reaching 17% ROTCE is not out of the question in 2023, depending on factors such as the performance of fixed-income capital markets and the deployment of excess cash, on which the bank has been conservative. Investors also seem somewhat disappointed that JPMorgan has significantly increased its investments in the company over the past few years, so they want those investments to be reflected in earnings. JPMorgan stock has been priced pretty high, and it will face some difficulties in the coming years. At this point, there is probably potential for much higher returns in stocks like Citigroup and Wells Fargo, which are on a turnaround. But they also carry a lot of risks, while experts are confident that JPMorgan management is managing the company wisely and investing to handle all the competition in the banking sector now and in the future.
NYSE:JPMShort
by FOREXN1
3